Archives - 21 May 2013, Tuesday

There’s now $45 million of Bitcoin activity per day, and it’s made some people rich . Wealth circulated around the conference in the form of casual Bitcoin bets, 100-dollar bills being fed into Bitcoin ATMs, and at least one couture-wrapped girlfriend. "If I were you, I’d buy as many ...

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And we can't forget the Big Four accounting firms along with their army of lawyers and bankers who suppress millions with their vicious monetary dictatorships and market manipulation schemes - that force up the price of food and energy - but without raising the cost of credit for insi...

Via Paul Rosenberg of Free-Man's Perspective blog (via Jim Quinn's Burning Platform blog ), An increasing number of people have complained about governments and central banks in recent years, even using the word “tyranny” to describe them. They are, of course, called names in the esta...

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Many merchants are still wary about accepting bitcoins, but new vendor partnerships and a maturation of the companies that handle bitcoin exchanges address some of the virtual currency's riskier aspects. Bitcoin is a decentralized cryptocurrency, offering users cash-like traits online...

The Greek economist Yanis Varoufakis draws the conclusion that the idea of a “de-politicised currency capable of ‘powering’ an advanced, industrial society” is a fantasy. He argues: “Would it be possible to calibrate the long-term supply of bitcoins in such a way as to ameliorate for ...

And we can't forget the Big Four accounting firms along with their army of lawyers and bankers who suppress millions with their vicious monetary dictatorships and market manipulation schemes - that force up the price of food and energy - but without raising the cost of credit for insi...

You may perhaps have heard of the intriguing mathematician Shinichi Mochizuki who has produced an alleged proof of an important theorem that is so difficult and involves the creation of so much original mathematics and notation that no one is sure whether the proof is valid. Here is o...

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It appears Canada’s anti-money laundering regulator will leave Bitcoin exchanges in the country alone for now. LibertyBit , which exchanges the virtual currency Bitcoin for U.S. and Canadian dollars, has been told it does not have to register with Financial Transactions and Reports An...

Be prepared for the next great transfer of wealth. Buy physical silver and storable food . Via Paul Rosenberg of Free-Man’s Perspective blog (via Jim Quinn’s Burning Platform blog ), An increasing number of people have complained about governments and central banks in recent years, ev...

The new virtual currency has become progressively more popular since the financial crash and its proponents say it will revolutionise banking. Its main exchange, Mt Gox, was raided by the US Department of Homeland Security, who usually deal with terrorist threats, last week. Rushman (...

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Jeff Tucker, the executive editor of Laissez Faire Books and an enthusiastic Bitcoin advocate, wrote yesterday that while he understands why the big players in Bitcoin might think that “every regulation confers a welcome legitimacy on the currency/payment system, and grants it greater...

Don’t worry: I have no idea what he’s talking about either. Nevertheless, even I can see that there’s nothing in his list of papers then or now that has anything to do with cryptography, exchange systems, software development, and the like. Mochizuki tends to develop his ideas over a ...

And we can't forget the Big Four accounting firms along with their army of lawyers and bankers who suppress millions with their vicious monetary dictatorships and market manipulation schemes - that force up the price of food and energy - but without raising the cost of credit for insi...

And we can't forget the Big Four accounting firms along with their army of lawyers and bankers who suppress millions with their vicious monetary dictatorships and market manipulation schemes - that force up the price of food and energy - but without raising the cost of credit for insi...

Jeff: Butterfly Labs started out developing systems for banks in about 2010. We were interested in building clustered supercomputer systems they could use to run trading algorithms against simulated data (in order to avoid using live data). In 2011, we realized we could reprogram our ...

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Remember LulzSec ? British law enforcement does. They are still looking for a missing sixth leading member of the Anonymous-allied hacking group, whom they say retains over $180,000 worth of bitcoins donated to the group. LulzSec launched a series of hacks in 2011, titled “the 50 Days...

Bitcoin developer chats about regulation, open source, and the elusive Satoshi Nakamoto May 21, 2013, 13:00 (0 Talkback[s] ) Tweet With Bitcoin all the rage and startups popping up left and right, it's hard to know who's an expert in the virtual currency and who just has an opinion. M...

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"The Electronic Frontier Foundation (EFF) has started accepting donations in the form of Bitcoins again after a two year hiatus , stating that the legal uncertainty hovering over the digital currency has all but disappeared. On their blog the EFF noted that a report from U.S. Treasury...

It appears Canada's anti-money laundering regulator will leave Bitcoin exchanges in the country alone for now. LibertyBit , which exchanges the virtual currency Bitcoin for U.S. and Canadian dollars, has been told it does not have to register with Financial Transactions and Reports An...

The decentralized private digital currency Bitcoin has had a busy few months, writes Brian Doherty. It has grown from an obsession of tech-geek libertarians to a staple of financial news and a subject of great interest to government officials. Last week, an account associated with the...

And we can't forget the Big Four accounting firms along with their army of lawyers and bankers who suppress millions with their vicious monetary dictatorships and market manipulation schemes - that force up the price of food and energy - but without raising the cost of credit for insi...

I do not believe bitmessage uses a blockchain currently (it didn't when I looked at it before, and with a quick glance that doesn't seem to have changed). A blockchain (and the resulting ~global consistency) isn't needed for traffic analysis resistant anonymous communication ... thoug...

And we can't forget the Big Four accounting firms along with their army of lawyers and bankers who suppress millions with their vicious monetary dictatorships and market manipulation schemes - that force up the price of food and energy - but without raising the cost of credit for insi...

He's right in the short-term, make overtures and be "regulated" (all the while taking all the power back from the government and giving it back to the people they supposedly "represent") , but I disagree with his "everything will be easy for taxing, etc.." outlook - if anything, Bitco...

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Bitcoin London is a one day invitation-only event aiming to connect bitcoin entrepreneurs, venture investors, and hedge fund profesionnals who want to learn more about bitcoin and digital currencies. Bitcoin London is taking place on July 2nd, 2013.